SANDVIKEN, Sweden, Feb. 09, 2005 (PRIMEZONE) --Sandvik:
Quarter 4
* Profit after financial items rose 48% to SEK 1,794 M
* Order intake increased 17%* to SEK 14,180 M
* Strong global demand
* 2004 -- a record year:
- Profit after financial items +35% to SEK 6,465 M
- Organic growth +17%*
- Earnings per share +58%, 17.70 SEK
* The Proposal of an increased dividend by SEK 0.50 and share redemption of SEK 4 billion and cancellation of previously repurchased shares.
(*) Change compared to the same quarter the preceding year at fixed exchange rates for comparable units
The report has not been reviewed by the Company's auditors.
Sandvik Group's result for the first quarter of 2005 will be published in connection with the Company's Annual General Meeting on 3 May 2005.
For additional information, please call +46 (0)26-26 10 01.
A combined presentation and telephone conference will be held at Operaterrassen in Stockholm on 9 February at 14.00 p.m. For further information visit www.sandvik.com
Sandvik AB 811 81 Sandviken 026 26 00 00 www.sandvik.com org.nr: 556000-3468
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